Form 4: York Water Co. Executive Alexandra Chiaruttini Acquires Additional Shares

Alexandra Chiaruttini, CAO & General Counsel of York Water Co., reports the acquisition of additional common stock through a dividend reinvestment plan.

Summary

• On July 16, 2024, Alexandra C Chiaruttini, CAO & General Counsel of York Water Co. (YORW), acquired 36.784 shares of common stock.
• The shares were purchased at a price of $35.3424 each.
• This transaction increased Chiaruttini's direct holdings to 3,401.364 shares.
• The acquisition was made through the company's dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by an executive, indicating neither strong optimism nor pessimism.

Positives

• Executive participation in the dividend reinvestment plan can be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of a company. Dividend reinvestment plans are a common way for employees and executives to increase their stake in the company.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through a standard dividend reinvestment plan.

Key Dates